Summary - 24 ST MARYS SQUARE NEWMARKET CB8 0HZ
8 bed 1 bath Town House
Large HMO‑suitable Victorian terrace with conversion potential close to the station..
6–8 double bedrooms across three storeys, approx. 1,695 sq ft
Set in Newmarket town centre, this substantial Victorian mid-terrace offers clear investor potential as an HMO or multi-let subject to a pending licence. The property provides 6–8 double bedrooms across three storeys, one bathroom and two shower rooms, plus an outbuilding that could convert to a self-contained studio — useful for additional rental income or owner-occupier flexibility.
The house is offered chain-free and will be sold at auction via Secure Sale online bidding. It requires comprehensive renovation: the kitchen and internal fittings are dated, the building has solid brick walls likely lacking insulation, and general refurbishment is needed throughout. Buyers should budget for modernisation, potential re-wiring, and works to raise energy efficiency and amenity standards to HMO licensing criteria.
Practical positives include a private courtyard garden, mains gas central heating via boiler and radiators, a short walk to Newmarket station (under 10 minutes) and a large overall footprint (approx. 1,695 sq ft) in a town with good rental demand from local workers. Notable risks to consider are a medium flood risk, above-average local crime levels, and socio-economic deprivation in the area — all factors that could affect lettings, insurance and refurbishment costs. This is a clear project for a buyer experienced in conversions or someone seeking an investment with refurbishment upside.
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